Word: cyanamid
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Late in 1958, detectives working for American Cyanamid's Lederle Laboratories Division began to shadow Dr. Sidney M. Fox, 41, a chemist who worked at the Pearl River, N.Y., plant where Lederle develops the ultrasecret cultures for its new drugs. The detectives observed that Fox regularly invented excuses to remain in the lab after working hours and that he made frequent visits to Biorganic Laboratories, an East Paterson, N.J., company run by Chemist Nathan Sharff. All this struck Cyanamid as highly suspicious, but the detectives found no concrete evidence that Fox was filching drug formulas...
...years later-months after Fox had quit his Cyanamid job-that a tip came from Italy that industrial spies were hawking stolen U.S. drug formulas to Italian pharmaceutical houses. For Cyanamid this was bad news indeed: since Italy, alone among Western nations, has no law protecting drug patents. Italian manufacturers are free to copy any drug whose formula they can lay hands...
...Buyer. Early this year, Cyanamid finally brought suit against Fox and Sharff for $5,000,000 apiece, charging that the two chemists had delivered to at least six Italian companies formulas and cultures for three Cyanamid-developed antibiotics and one antiarthritic steroid. Cyanamid estimates that the Italian firms-all of which hotly echo Fox and Sharff in denying any formula pirating-last year sold $25 million worth of drugs based on Cyanamid processes. Ironically, two major customers for the controversial drugs were the bargain-minded U.S. Defense Department and Veterans Administration, which together during the past two years bought...
...American Cyanamid...
...CHEMICALS. "We should not abandon our present selective approach to a reduction of tariffs," argues President Kenneth Klip-stein of American Cyanamid. The point: the chemical industry, which is among the most highly protected U.S. businesses, wants no lowering of tariffs on the key organic chemicals that are the base for myriad highly profitable end products ranging from pharmaceuticals to plastics...